Bureau of Labor Statistics
US weekly jobless claims at three-month high; import prices tumble
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.
Andersen Capital Management
Wall St edges higher as investors digest cbank comments
Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.
10-year Treasury note yield
S&P 500, Nasdaq score longest win streak in 2 years on rates view
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.
30-year fixed-rate mortgage
Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets
Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half.
affordability
Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
Tesla joined General Motors and Ford in being cautious about expanding electric vehicle production capacity.
Business
As global debt worries mount, is another crisis brewing?
Record debts, high interest rates, the costs of climate change, health and pension spending and fractious politics are stoking fears of a financial market crisis.
cost of living adjustments
Social Security Payments To Increase By 3.2% In 2024
Social Security benefits will be rising by 3.2% in 2024, following the 8.7% rise from the year prior.
Bidenomics
New Data Indicates Massive Recession In 2024
According to experts, the year 2024 could see the worst economic collapse since the Great Depression.
dow jones
New Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.
10-year bond yields
Why a rout in government bonds is worrying
The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.